1420 Laurelwood DriveLaurelNY11948
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Laurel at 1420 Laurelwood Drive, Laurel, NY, 11948 listed at $995,000 pairs $4,560/mo rent with a $4,870/mo payment. Total monthly income runs $4,560/mo. Return on cash invested measures 12.42% in year one, and rental yield registers 5.5% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 63.29% and total cumulative return in cash totals $207,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,560/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11948, Laurel, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 355 (56.4%) |
| Renter Occupied HU | 78 (12.4%) |
| Vacant Housing Units | 196 (31.2%) |
| Median Home Value | $794,034 |
| Average Home Value | $977,113 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
470
Multi-Family
0
Businesses
35
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